ISLAMABAD
\nOil and Gas Development Company Limited (OGDC), Pakistan\u2019s leading exploration and production company, on Friday announced a significant oil and gas discovery at its exploratory well Baragzai X-01 (Slant), located in Kohat district of Khyber Pakhtunkhwa province.
\nThe discovery has been made over the Lumshiwal Formation within the Nashpa Exploration Licence. During Cased Hole Drill Stem Test (CHDST-04) conducted in the Hangu and Lumshiwal formations, the well produced 225 barrels of oil per day (BOPD) and 1.01 million standard cubic feet per day (MMSCFD) of gas through a 32\/64\u2019\u2019 choke at a wellhead flowing pressure of 190 psig.
\nBaragzai X-01 (Slant) was spudded on December 30, 2024, as an exploratory well to assess the hydrocarbon potential of multiple formations, including Lockhart, Hangu, Lumshiwal, Samana Suk, Shinawari, Datta and Kingriali. The well was successfully drilled to a total depth of 5,170 metres into the Kingriali Formation.
\nBased on wireline log evaluations, three earlier cased hole drill stem tests were conducted in the Kingriali, Datta, and Samana Suk plus Shinawari formations, which also resulted in oil and gas discoveries. The latest test over Lumshiwal further confirms the commercial viability and hydrocarbon prospectivity of the block.
\nOGDC operates the Nashpa Exploration Licence with a 65 percent working interest, in partnership with Pakistan Petroleum Limited (30 percent) and Government Holdings (Private) Limited (5 percent carried interest).
\nThis discovery will strengthen Pakistan\u2019s energy security by enhancing indigenous hydrocarbon production. It will add to the reserves base of OGDC and its joint venture partners while contributing towards narrowing the country\u2019s energy supply-demand gap.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Oil and Gas Development Company Limited (OGDC), Pakistan\u2019s leading exploration and production company, on Friday announced a significant oil and gas discovery at its exploratory well Baragzai X-01 (Slant), located in Kohat district of Khyber Pakhtunkhwa province. The discovery has been made over the Lumshiwal Formation within the Nashpa Exploration Licence. During Cased Hole […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-532505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n